Monday, August 8, 2022

Andrew Wilkinson

I highly recommend listening to this podcast. 

Andrew is the founder of Tiny capital, which claims to be the Berkshire Hathaway of internet companies which frowns upon complicated processes when approaching deals. 

Andrew worked for the central intelligence division for Canada, before founding the famous Farnam Street blog. 

All content below and the podcast was taken from: 

https://fs.blog/knowledge-project-podcast/andrew-wilkinson/


Wilkinson is the co-founder of Tiny Capital, which owns over 35 different companies including AeroPress, MetaLab and Dribble. He is also the co-founder and chairman of WeCommerce, a holding company that starts, buys, and invests in the world’s top Shopify businesses. He is based in Victoria, British Columbia.


Here are a few highlights from our conversation:


I find every entrepreneur has that inherent drive where they have to achieve, and even when it’s not really necessary to achieve.

Most of our businesses are kind of off the beaten path and many would consider them kind of boring, but I think boring is beautiful.

When I’m talking to a CEO candidate, the number one thing I’m looking for is are they ethical, right? I’ve also learned that lesson before. I really want somebody that I completely trust. The heuristic that my business partner, Chris and I use is would I let this person babysit my kids, right?

I think physiology defines almost everything. At the end of the day, we’re just bags of chemicals. And if your chemicals are wrong, you’re not going to feel good. Everything in your life can be right, but like the example, when I woke up on August 1st, I made hundreds of millions of dollars that year, taken a company public, I’d met all my business idols, had a great life, two healthy kids, you name it, and I was miserable. And that was because my physiology was off.

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